Lincoln Savings Bank
Overview
Join to apply for the
Chief Compliance & BSA Officer
role at
Lincoln Savings Bank . Position Summary: The Compliance and BSA/AML Officer reports directly to the Chief Risk Officer and General Counsel and is part of the Risk team. This role will oversee two teams – compliance and BSA/AML – in both the community banking space and our fintech business line. This role requires a deep understanding of the regulatory regime applicable to the bank and of the payments ecosystem and legal requirements. Strong leadership skills and enthusiasm to develop team members and create a cohesive team are essential.
Responsibilities Fintech Advisory Work: Partner with business, legal, and enterprise risk management teams to evaluate new products and services. Work directly with fintech partners to perform due diligence on new products and services, and document reviews.
Solution Oriented: Craft and execute innovative strategies to build and implement robust compliance programs for fintech products; identify risks and work with stakeholders to develop risk-based solutions.
Cross-functional Team Building: Collaborate with product, enterprise risk management, and legal teams to integrate regulatory requirements into products and services.
Governance: Create structures that allow flexibility when appropriate; streamline review processes and manage committee materials and meetings meaningfully for attendees.
Regulatory & Risk Navigator: Lead the monitoring of evolving financial services regulations and interface with regulatory bodies.
Management and Development of Team: Lead and develop the compliance and BSA/AML teams, including coaching and ensuring open communication across teams.
Key Attributes Ready to roll up your sleeves, comfortable with ambiguity, collaborative, and results-oriented.
Thrives in fast-paced, innovative environments with a focus on standardizing processes.
Believes in the value of community banking with a fintech twist in Iowa.
Required Qualifications Bachelor’s degree in Business with a strong background in compliance, or J.D.
Preferred Qualifications Experience: 10-15 years in BSA/AML, OFAC and compliance, preferably in financial services or fintech.
Skills: Problem-solver with understanding of consumer protection regulations (BSA/AML, OFAC, Regulation E, ECOA, FCRA, UDAAP, payment regulations), excellent written and verbal communication, and ability to build compliance programs from the ground up.
Physical Demands
Remain sedentary for extended periods.
Working Environment
Uses standard office equipment such as computers and phones.
Travel
Travel to primary office locations and branches to connect with colleagues and participate in local events is part of this role.
Seniority level
Executive
Employment type
Full-time
Job function
Business Development and Sales
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Join to apply for the
Chief Compliance & BSA Officer
role at
Lincoln Savings Bank . Position Summary: The Compliance and BSA/AML Officer reports directly to the Chief Risk Officer and General Counsel and is part of the Risk team. This role will oversee two teams – compliance and BSA/AML – in both the community banking space and our fintech business line. This role requires a deep understanding of the regulatory regime applicable to the bank and of the payments ecosystem and legal requirements. Strong leadership skills and enthusiasm to develop team members and create a cohesive team are essential.
Responsibilities Fintech Advisory Work: Partner with business, legal, and enterprise risk management teams to evaluate new products and services. Work directly with fintech partners to perform due diligence on new products and services, and document reviews.
Solution Oriented: Craft and execute innovative strategies to build and implement robust compliance programs for fintech products; identify risks and work with stakeholders to develop risk-based solutions.
Cross-functional Team Building: Collaborate with product, enterprise risk management, and legal teams to integrate regulatory requirements into products and services.
Governance: Create structures that allow flexibility when appropriate; streamline review processes and manage committee materials and meetings meaningfully for attendees.
Regulatory & Risk Navigator: Lead the monitoring of evolving financial services regulations and interface with regulatory bodies.
Management and Development of Team: Lead and develop the compliance and BSA/AML teams, including coaching and ensuring open communication across teams.
Key Attributes Ready to roll up your sleeves, comfortable with ambiguity, collaborative, and results-oriented.
Thrives in fast-paced, innovative environments with a focus on standardizing processes.
Believes in the value of community banking with a fintech twist in Iowa.
Required Qualifications Bachelor’s degree in Business with a strong background in compliance, or J.D.
Preferred Qualifications Experience: 10-15 years in BSA/AML, OFAC and compliance, preferably in financial services or fintech.
Skills: Problem-solver with understanding of consumer protection regulations (BSA/AML, OFAC, Regulation E, ECOA, FCRA, UDAAP, payment regulations), excellent written and verbal communication, and ability to build compliance programs from the ground up.
Physical Demands
Remain sedentary for extended periods.
Working Environment
Uses standard office equipment such as computers and phones.
Travel
Travel to primary office locations and branches to connect with colleagues and participate in local events is part of this role.
Seniority level
Executive
Employment type
Full-time
Job function
Business Development and Sales
Referrals increase your chances of interviewing at Lincoln Savings Bank. Get notified about new Chief Compliance & BSA Officer jobs in Waterloo, IA.
#J-18808-Ljbffr